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All CollectionsSale of Freetrade to IG Group
How were my shares sold to IG Group without me agreeing to the sale?
How were my shares sold to IG Group without me agreeing to the sale?
Updated yesterday

Freetrade’s articles (which set out the rights of shareholders) have a “drag along” provision. This means that certain shareholders agree when they buy their shares that a sale can happen to drag along their shares.

This means that this sale took place without all shareholders having specifically agreed to it. Drag along rights are very common, and necessary, for crowdfunded companies to be able to achieve an exit and return value to shareholders.

You will have been sent a Drag Along Notice on 31 March 2025, which you can see hereand the sale of your shares took place on 1 April 2025 alongside all the other issued shares in Freetrade Limited.

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